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- The company was formed in 2022 when AT&T (T -0.72%) spun off WarnerMedia so that it could merge with Discovery. AT&T shareholders received a 71% stake in the newly formed Warner Bros. Discovery, while Discovery shareholders got the remaining 29%.
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Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed from WarnerMedia 's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.
- Entertainment
The following outline provides an overview of and topical...
- Entertainment
Discovery Channel, known as The Discovery Channel from 1985 to 1995, and often referred to as simply Discovery, is an American cable channel owned by Warner Bros. Discovery, a publicly traded company run by CEO David Zaslav.
The following is a list of major assets that are owned by Warner Bros. Discovery. As of 2023, the company's assets are reported under three segments: Studios (which consists of the Warner Bros. film and television studios, alongside the company's consumer products, interactive entertainment, licensing and publishing divisions), Networks (which ...
Jun 1, 2021 · In the new entertainment company, AT&T's shareholders would receive stock representing 71 percent, while Discovery shareholders would own 29 percent of the new company. The Boards of Directors of...
- Rttnews
Sep 28, 2024 · BlackRock owns about 165 million shares of Warner Bros. Discovery Inc., a stake of 6.74%. Its iShares Core S&P 500 ETF ( IVV -0.32% ) owns more than 24 million shares.
Apr 8, 2022 · New York CNN Business — Discovery’s merger with WarnerMedia took effect on Friday afternoon, creating a streaming media giant led by CEO David Zaslav. The deal combines two treasure troves...
Jun 3, 2021 · New York-based Discovery, which owns such popular cable channels as Food Network, HGTV, Animal Planet and OWN, is scrambling to adapt as consumers ditch cable TV for streaming platforms.
